Description

Just a few doors from the Guggenheim and the Central Park Reservoir, located in one of Carnegie Hill’s most desirable and sought after full-service prewar co-ops, this rarely available, south facing convertible 3 bedroom, 2 1/2 bath corner residence at East 88th Street and Madison Avenue finally comes on the market. Located in a stunning William M. Dowling designed Art Deco Era building, this prewar gem features grandly proportioned rooms that are flooded with light and, at an estimated 1,800 sq feet, this beautiful home can easily be reimagined into a full 3 bedroom. You enter through a spacious foyer that leads to an elegant sunken living room. The highlight of this graciously sized room are the large corner windows that afford breathtaking south facing city views. The foyer also flows seamlessly to a large, formal dining room as well to an oversized Primary Suite. A second large bedroom is at the opposite end of the apartment allowing for privacy. Both bedrooms have a full en-suite bath and there is an additional half bath / powder room off the foyer. Other features include the large, windowed kitchen, an abundance of closet space, new south-facing casement windows in every room, high-beamed ceilings, original wood flooring with Art Deco marquetry, and decorative moldings throughout–exemplifying the classic elegance of Art Deco design with a gracious and fluid layout perfect for entertaining.

19 East 88th Street is one of the most revered pre-war co-ops in prime Carnegie Hill. The building features a meticulously restored and beautifully maintained Art Deco lobby, a landscaped roof deck with multiple seating areas and stunning panoramic views, a brand new fitness center, central laundry, a bike room, and storage. Washer/dryers and central A/C are both permitted with board approval, and pets are allowed.

The building has sound financials and low maintenance. There is a 2% flip tax payable by purchaser and 50% financing is allowed. Pied a Terres, Co-Purchasers and Parents buying for children are all considered on a case by case.

Located close to all forms of transport, many cultural institutions, countless restaurants, cafes, and retailers.

Listing courtesy of Compass ...
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